Passive Investments
Passive Investment Framework
Macro Trends
Themes we like over 5-10 years
- Space
- E-Sports
- Asian Consumer
- USD weakening
- Disruption of traditional finance
- Biotech growth post-COVID
- Quantum Computing / AI / Machine Learning
- ESG / Sustainability
Tactical Opportunities
Dislocations & mispriced risk
- Temporary COVID disruptions
- Mismatch of capital in energy markets
- Mispriced rounds
- Secondary trades
- Seed hedge fund investing
Middle Market
Traditional middle market investing
Various positions in traditional private equity funds
Investment Team
David D’Addario
Principal
Ryan Boland
CEO/CIO
Dan Byrne
CFO/COO
The Story.
2015
David sells Wise Metals to Constellium for $1.4B
David hires Ryan Boland from JPM as CEO/CIO to build the DADA family office and focus on private investments
2016
2017
DADA begins investing in passive private deals utilizing family office and other business contacts for deal flow
2018
2019
David hires Dan Byrne from JPM as CFO/COO, expanding the capacity and bandwidth of the family office
DADA expands private portfolio to 25+ deals and $100M+ committed
2020
2021
DADA creates vehicle to bring 3rd party capital alongside us in private deals and completes first two deals, leading the $75M Series A raise for Firefly Aerospace and leading a Convertible Note round for ElementUS Minerals
1 Control investments
2 DFO raised 3rd party capital through GP entity (Tinello Partners)
3 Private deals only, DFO capital only
2 DFO raised 3rd party capital through GP entity (Tinello Partners)
3 Private deals only, DFO capital only